HB Wealth Management LLC increased its stake in ASML Holding (NASDAQ:ASML – Get Rating) by 46.2% in the fourth quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 997 shares of the semiconductor company’s stock after purchasing an additional 315 shares during the quarter. HB Wealth Management LLC’s holdings in ASML were worth $545,000 at the end of the most recent quarter.
A number of other large investors have also made changes to their positions in the stock. Yousif Capital Management LLC lifted its position in ASML by 2.3% during the third quarter. Yousif Capital Management LLC now owns 6,794 shares of the semiconductor company’s stock valued at $2,822,000 after buying an additional 150 shares in the last quarter. Householder Group Estate & Retirement Specialist LLC acquired a new position in shares of ASML during the third quarter valued at $27,000. Bowie Capital Management LLC boosted its holdings in shares of ASML by 23.4% during the third quarter. Bowie Capital Management LLC now owns 27,284 shares of the semiconductor company’s stock valued at $11,332,000 after acquiring an additional 5,172 shares during the period. Wealthspire Advisors LLC bought a new position in ASML in the 3rd quarter valued at about $224,000. Finally, HighTower Trust Company N.A. lifted its holdings in ASML by 56.8% in the 3rd quarter. HighTower Trust Company N.A. now owns 12,767 shares of the semiconductor company’s stock valued at $5,303,000 after acquiring an additional 4,627 shares during the last quarter. Hedge funds and other institutional investors own 18.61% of the company’s stock.
ASML Stock Up 0.6 %
ASML stock opened at $680.71 on Friday. The firm has a market cap of $268.60 billion, a price-to-earnings ratio of 41.56, a PEG ratio of 1.04 and a beta of 1.46. ASML Holding has a 12 month low of $363.15 and a 12 month high of $714.62. The company has a current ratio of 1.28, a quick ratio of 0.88 and a debt-to-equity ratio of 0.40. The stock has a fifty day simple moving average of $647.62 and a two-hundred day simple moving average of $570.28.
ASML Cuts Dividend
The firm also recently declared a quarterly dividend, which will be paid on Wednesday, May 10th. Stockholders of record on Tuesday, May 2nd will be given a dividend of $1.267 per share. This represents a $5.07 dividend on an annualized basis and a dividend yield of 0.74%. The ex-dividend date is Monday, May 1st. ASML’s payout ratio is presently 30.53%.
Analyst Ratings Changes
ASML has been the subject of a number of research analyst reports. Sanford C. Bernstein initiated coverage on shares of ASML in a research report on Wednesday, January 18th. They issued an “outperform” rating for the company. Barclays began coverage on shares of ASML in a research note on Tuesday, January 17th. They issued an “equal weight” rating on the stock. JPMorgan Chase & Co. lifted their price objective on ASML from $710.00 to $752.00 and gave the company an “overweight” rating in a report on Thursday, January 26th. Argus lifted their price objective on ASML from $590.00 to $775.00 and gave the stock a “buy” rating in a research report on Thursday, January 26th. Finally, StockNews.com initiated coverage on ASML in a research report on Thursday, March 16th. They set a “buy” rating for the company. Three equities research analysts have rated the stock with a hold rating and fourteen have given a buy rating to the company’s stock. According to MarketBeat.com, ASML has an average rating of “Moderate Buy” and a consensus price target of $688.92.
ASML Profile
ASML Holding NV engages in the development, production, marketing, sales, upgrading and servicing of advanced semiconductor equipment systems. It includes lithography, metrology and inspection systems. It operates through the following geographical segments: Japan, South Korea, Singapore, Taiwan, Chine, Rest of Asia, Netherlands, Europe, the Middle East and Africa (EMEA), and United States.
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